Level 1 Money management
Students work out the best buys for items sold in different-sized packs at different prices.
Students use an Excel spreadsheet to calculate mobile phone bills. They compare mobile phone tariffs to see which is best for someone to use.
Students check and complete invoices. Students also work with their own data in spreadsheet simulations of invoices.
Students check for errors in a simulated invoice, phone bill and bank statement (several errors on each).
Students calculate interest for one year, then compound interest using a decimal multiplier.
Students use algebraic and spreadsheet formulae in Excel to calculate simple and compound interest.
Students investigate potential jobs and compare the wages. They use a spreadsheet to calculate overtime rates of pay.
Students work out VAT without a calculator, then check their answers using a different method. This check could be done on a calculator or computer.
This game gives learners practice in working with money, entering items onto a bank statement and calculating the balance.